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Boone City Council Votes to Proceed With Sale of Downtown Property

KWBG 09/20/22

BOONE, Iowa—The Boone City Council voted unanimously to proceed with the sale of city owned property in downtown Boone. The Council’s action was taken by resolution and sets into motion opportunities for others to consider an appropriate bid, plan and time frame to use the property. Overland Group, LLC offered $225,000 for the property on behalf of Dollar General. The city did spend more than that amount to acquire and demolish the building and parking ramp at that location. The information shows that Dollar General plans to construct a store at that location of 10,000 to 13,000 square feet. Following the Council’s action, the city released this statement:

 

On Monday, September 19, the Boone City Council set into action to sale of property located at 628 Story Street to Dollar General.

This property owned by the City of Boone has been discussed as a location for the proposed Boone Wellness Center project. In March 2022, a $10 million dollar bond referendum was not approved by Boone voters, thus making available this property as an option for other opportunities.

The selling of the property to Dollar General supports bringing additional retail to downtown Boone, This is consistent with feedback that the City of Boone received during the referendum vote. It also opens additional redevelopment opportunities in downtown Boone.

Should the sale proceed, the Boone City Council, along with the wellness center donors, stakeholders, and interest community members, will work to evaluate and identify another location for the proposed wellness center project within the community.

The statement concludes that any questions can be directed to Boone City Administrator Bill Skare at bskare@city.boone.ia.us.

 

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